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Add You - People are Bad for Your Profits!
What does your brand say to your customers? What, you don't have a brand because you're a solopreneur; a one-woman shop? Ah, but you do. If you have business, you have a brand, whether you realize it or not.Think of some of the world-wide brands we experience every day – Target, Dell, and BMW. Just mentioning these names conjures up a feeling, doesn't it? For
For those organizations that are constantly engaged in innovating their products or services, DFSS, an acronym for Design for Six Sigma, is not new. But the general statement by many that they are implementing Six Sigma shows that they are a little bit confused - in most cases one will be using DMAIC, which is applicable in cases where there are products and services that
When considering about 50% of small businesses fail within the first year you need to make your business as smooth & efficient as possible. Especially if there are only a few employees or you are the only employee.
This is where people are bad for your profits. Dealing directly with the customer in order to close a sale & then thereafter support the customer if/when any future issues arise will be a major drain on your very limited resources. How much time can you really afford to spend on each customer to make X amount of profit? Do you really have the resource to be able to provide the after sales service as well, which will enhance your reputation in the community & hopefully earn you more sales? If you don’t provide a good after sales service you will soon get a bad reputation & your b
Market research plays two roles in the communication processes of any business system. First, it is part of the marketing intelligence feedback process. It provides decision makers with data on the effectiveness of the current employed techniques and provides insights for necessary changes. Second, market research is the primary tool for exploring new opportunities in the
When considering about 50% of small businesses fail within the first year you need to make your business as smooth & efficient as possible. Especially if there are only a few employees or you are the only employee.
This is where people are bad for your profits. Dealing directly with the customer in order to close a sale & then thereafter support the customer if/when any future issues arise will be a major drain on your very limited resources. How much time can you really afford to spend on each customer to make X amount of profit? Do you really have the resource to be able to provide the after sales service as well, which will enhance your reputation in the community & hopefully earn you more sales? If you don’t provide a good after sales service you will soon get a bad reputation & your b
Definition of ISO: ISO means “all sides being equal”. To date, more than ? a million organizations in 149 countries have implemented the ISO Standards. ISO 9001:2000 is a fundamental quality management system standard that requires an organization to identify, define, document, implement (follow), monitor/measure, and continually improve
This is where people are bad for your profits. Dealing directly with the customer in order to close a sale & then thereafter support the customer if/when any future issues arise will be a major drain on your very limited resources. How much time can you really afford to spend on each customer to make X amount of profit? Do you really have the resource to be able to provide the after sales service as well, which will enhance your reputation in the community & hopefully earn you more sales? If you don’t provide a good after sales service you will soon get a bad reputation & your b
Make-You-Happy Action Teams (MAT) plays a critical role in managing employee retention. This is Z-Theory management. To briefly sate, Z-Theory management means everyone that is effected by a decision for the company gets a “say” or a “vote” in the decision (tons more on Z-Theory Management in another article).This means employees are directly involved in decision m
In this sharpshooting article, we help you take precise aim at your sales target.Market research is the process of systematic gathering, recording and analysing of data about customers, competitors and the market. It helps create a business plan, launch a new product or service, fine tune existing products and expand into new markets etc.It can be also be us
People are all different as are their requirements. This is the variable that makes it hard to automate any business where you have to deal directly with the customer. I believe that letting the companies already geared up with all the logistics of dealing direct with customers is the key in setting up a profitable new business with minimum overheads.
The key to making money in business is how can you serve more people & in turn generate more money? But after what I have just talked about we want to serve more people without draining company resources. Well if you are looking to set up a new business I would look at setting up an online business & sell other people’s products or services through your website. This means you can concentrate on generating your online sales & let the company who you
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